4314 Carolina Cove WAY Active Save Request In-Person Tour Request Virtual Tour
Pigeon Forge,TN 37863
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,051 sqft
Price per Sqft $1,301
Subdivision Serenity Cove Unit 2
MLS Listing ID 1311792
Year Built 2008
Lot Size 2.240 Acres
Property Description
3 properties included! $440,000+ combined gross income from July 2024 to June 2025 from this exceptional short-term rental package featuring three high-performing cabins. This rare trifecta includes small, medium, and large cabins—offering a variety of guest experiences and income streams for the discerning 1031 exchange investor.
The small and medium cabins are located in the sought-after Chalet Village area of Gatlinburg, where bookings remain strong even through the winter months. The large cabin, located at 4314 Carolina Cove in Pigeon Forge, offers an amenity rarely found in the Smokies—its own outdoor swimming pool—making it a highly desirable choice for larger groups and extended bookings.
1256 Bear Cub Way, Gatlinburg - 3 beds, 3 abths - Stunning mountain views, including the slopes at Ober Gatlinburg.
2226 St Moritz Ct, Gatlinburg - 2 bed, 2 bath- Beautiful mountain views and a direct overlook of Ober Gatlinburg.
4314 Carolina Cove, Sevierville - 5 bed, 5 baths - Resort-style retreat with private outdoor pool, ideal for larger parties.
This turnkey investment includes established bookings, professional property management in place (with the option to retain or self-manage), and the potential for bonus depreciation if closed in 2025. Seller is willing to assist with a smooth transition, including PM referrals, cost segregation referrals, and transfer of VRBO ratings and reviews:
Large cabin: 10.0 rating (https://www.vrbo.com/3973745)
Medium cabin: 10.0 rating (https://www.vrbo.com/4005922)
Small cabin: 9.4 rating
(https://www.vrbo.com/3973746)
A rare opportunity to own three of the Smokies' top-producing STR properties with proven performance and exceptional guest appeal. Current property manage is willing to continue managing if wanted.
Location
State TN
County Sevier County - 27
Area 97574.0
Rooms
Other Rooms 2nd Rec Room
Interior
Heating Heat Pump,Central,Natural Gas
Cooling Central Cooling,Ceiling Fan(s)
Flooring Laminate,Hardwood,Carpet,Vinyl,Tile
Exterior
Exterior Feature Balcony
Parking Features Off-Street Parking,On Premise Parking
Garage Description Off-Street Parking, On Premise Parking
Roof Type Metal, Shingle
Building
Structure Type Log,Block,Frame,Other
Others
Acceptable Financing Other,New Loan,Cash,Conventional
Listing Terms Other,New Loan,Cash,Conventional